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Rio Tinto exits PNG, gives away copper-gold mine with $51bn in reserves

Cecilia Jamasmie | July 01, 2016 | 12:10 am Base Metals Precious Metals Top Companies Asia Australia Europe Copper Gold Silver 

Mining giant Rio Tinto (LON, ASX:RIO) has given away a 54% stake in a Papua New Guinean copper and gold mine, which has reserves estimated to be worth $51 billion. The decision to hand back the shares in its subsidiary Bougainville Copper...

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